JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Stephens Inc. AR

Stephens Inc. AR lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 742,626 shares of the company’s stock after selling 22,475 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Ultra-Short Income ETF were worth $37,636,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Chelsea Counsel Co. acquired a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter worth $25,000. Pandora Wealth Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter worth $34,000. Cooksen Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter worth $36,000. Frazier Financial Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $41,000. Finally, TD Private Client Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $48,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.72 on Monday. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.76. The stock’s fifty day moving average is $50.67 and its 200-day moving average is $50.58. The company has a market capitalization of $34.20 billion, a PE ratio of 110.26 and a beta of 0.03.

About JPMorgan Ultra-Short Income ETF

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.